Don’t know and can’t say. Only hope I have is that Europe finally comes together and make an independent foreign policy. But I am not sure if it’s possible to do in Europe what China was able to do.
I think what we are witnessing might be similar to what our ancestors experienced before WW2. A large army would come and take over whatever , do whatever and then same thing would repeat few years later. Sometimes they will succeed , sometimes they will not.
Reasons would be personal in most cases driven by bravado, vanity and over confidence . Similar to movie TROY 2004.
Well I think over last 12 months we did see lot of actions on trade side. I also see some progress on Digital Euro. So maybe finally tide is turning ….
My bet is he will talk about the great success that is the launch of Artemis II.
(Which would be a lovely thing to follow tonight, if Trump wasn’t creating a mess on the other side of the world)
I’m hoping he will say “We’ve won. Iran is finished. We’re pulling all our troops out of the Middle East, closing our bases and going home. Now it’s time for the people who use the straits [sic] to secure it. We’ve done our part. APRIL FOOLS! Troops are landing on Kharg Island and we will take the oil!”
I’m also very confused why if you’re planning to leave you’re sending more troops/ships to the region. That doesn’t feel entirely consistent with each other, and given that trump every time he started a conflict was in the middle of negotiations with Iran, he is getting particularly untrustworthy. Like even if Iran wants a deal, this is going to be a difficult trust issue to solve.
The market is completely delusional/manipulated with the pumps of this week. There’s no solution either on the table or off it, Trump is (as usual) lying with every breath he takes, should be obvious that if “the mission” is “almost over” they wouldn’t be sending more soldiers/assets. The last few days were dead cat bounces.
It’s very clear that until there is a ceasefire announcement from all sides, the war continues. Everything until then is just for media and social eyeballs. Useless war just to fulfil long term desires of few individuals but causing suffering to billions worldwide.
Equity markets are reacting to every tweet as usual. However unless worst case scenario is priced in , the volatility would continue. And unfortunately in a war, more than one party decides the end game irrespective of what other party believes.
This act is another nail in coffin for Global hegemony. No respect for allies , no respect for other countries’ sovereignty, openly claiming to destroy civil infrastructure just to prove a point. It shows to the world in day light what a global hegemony is capable of and why it should not stay like this. Earlier all this was happening behind the doors. Now it’s very clear. I believe this is not in long term interest of US citizens or US companies.
In a very weird way current US administration is helping Russia achieve it’s objectives which were set in Munich security conference of 2007. Talk about long game.
as a personal experience, earlier I used to have lot of mistrust for Chinese companies (Dreame, Temu, Alibaba, Deepseek). Somehow I was brainwashed to believe quality is crap and they work for government. Now I don’t. I actually think they are equally good and trustworthy (vs US counterparts) irrespective of what western media would make us believe.
Ie, they took Venezuela, Panama and if they take Iran essentially global oil dance to US and petrodollar forever. Cuba I guess will be next, but just for holiday destination.
Some inflation (which was cooling) because of war is beneficial to US until they can control yields. Btw, US debt-GDP ratio is less than after covid also much less than most G-whatever countries.
When Trump says “we’ll leave in 2/3 weeks” - my gut feeling they will go till the end.
Not sure that I understand why this is a good example for Europe coming together. The digital Euro is the brain child of a Brussels commission and is quite removed from whatever anyone would want or need.
The Death of Cash: Why Europe Just Outlawed Your Financial Privacy
Digital Euro has two objectives -: European payment system to avoid need of Visa / Mastercard & also a digital currency.
For me the first part is very important. The second part is simply a digital version of cash. Most people use digital payments anyways. I have not used cash since 5 years for anything. So if a crypto based Euro exists, I don’t see an issue. We must remember that US is trying to take over the Euro market via stablecoins. If Europe doesn’t do something fast, Europe will lose control over its own financial markets. But as said this second part is more about Europe moving with the digital era. The first part is more important (payment system) and urgent
Regarding 10,000 Euro cash transactions, I believe indeed it causes problem for illegal payments. But for legal payments , I don’t think anyone was accepting 10K cash anyhow. In lot of countries such transactions were already not possible
Offline mode is as anonymous as cash (KYC/AML is done during funding/defunding events).
Online mode indeed is pseudonymous and banks/payment processors can deanonymize on request (but it’s not a transparent/open book for the payment system itself).
Feels very much like a slippery slope argument that doesn’t match the currently proposed capabilities… (it’s a payment system, not a store of value, it has no programmatic capabilities, it doesn’t provide direct debit feature, it doesn’t prevent from having non cash assets, etc.)
Monthly Report – March 2026 | Bundesbank publications is pretty in depth (tho until the regulatory package is voted later this year, some things can still change, it still gives a good idea of the current state).
IMO it’s a great improvement, esp. if it manages to remove the dependency on the US duopoly in payment – which is a much greater threat to privacy). Nobody will be forced to use it (but as we’ve seen, cash transaction is on the decline, and that will give some privacy back (through offline payment) instead of funneling things to visa/mc.
I understand your concerns but I believe they might be coming from assumption that European politicians are always going after their own people while US companies and other crypto projects are all about protecting people.
As I said earlier, I have not used cash at all in last 5 years. Anywhere. So I believe all my transactions have been digital which is actually more traceable than offline Digital Euro proposal which is supposed to be peer to peer.
I think we should also think about the actual use of cash in today’s economy for legal payments. How much cash is used today versus digital payments? And if people are so concerned about doing KYC , why are they not concerned about doing digital payments.
The picture below might have changed over last two years but digital payments is a big portion of payments in Europe. And if Euro doesn’t offer a digital option, Stablecoins or Digital currencies will take over the market.
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